Travelodge PropCo Group closes the acquisition of 66 Travelodge-branded hotels from Travelodge’s largest landlord – LXi REIT – for £210 million
29 February 2024 – Travelodge OpCo Group, the UK’s first budget hotel brand which operates nearly 600 hotels, today announces the completion of the property acquisition as anticipated in the announcement of the agreement on 8 January 2024. A newly formed property holding group (Travelodge PropCo Group) completed the acquisition of 66 Travelodge-branded hotels on […]
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Travelodge appoints new UK Head of Estates
Travelodge appoints Kirsty Berry as UK Head of Estates.
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Travelodge agrees to acquire 66 Travelodge-branded hotels from its largest landlord
Travelodge CEO, Jo Boydell The 66 hotels will be acquired on a freehold and long leasehold basis enabling the Travelodge group to take control of the assets, enhancing value The assets will be acquired through a newly created property holding group, under a new Travelodge group holding company, benefitting from support to drive further growth […]
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Travelodge continues to evolve multi-million pound refit programme by completed the upgrade of 60 hotels in 2023
Travelodge has announced that the group completed the refit of a further 60 hotels as part of its multi-million pound refit upgrade programme in 2023.
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